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Regarding problematic issues of foreign economic activity of economic entities in the temporarily occupied territories of Ukraine
20 August 2024 18:25

In reaction to the invasion of Ukraine by Russia, the EU has agreed on a wide range of restrictive measures against Russian individuals and entities in order to cripple Russia’s ability to finance the war and to impose painful costs on Russia’s political elite responsible or otherwise instrumental for the realisation of this unprovoked military attack on its neighbouring nation. Beyond individual asset freezes, travel bans and visa restrictions, these restrictive measures comprise far-reaching trade restrictions in a number of economic sectors, as well as restrictions for activities in the financial sector. In order to facilitate economic operators’ compliance with the restrictive measures, the Commission keeps updating its FAQs and other developed tools.


How should operators assess which areas in the Donetsk, Kherson, Luhansk and Zaporizhzhia oblasts are subject to restrictions? (Chapter D. Trade and Customs, Article 9 Oblast, р. 190)  

https://finance.ec.europa.eu/document/download/66e8fd7d-8057-4b9b-96c2-5e54bf573cd1_en?filename=faqs-sanctions-russiaconsolidated_en.pdf

Consolidated FAQs on the implementation of Council Regulation No 833/2014 and Council Regulation No 269/2014.

Issued on: 22 June 2022 / Last update: 26 July 2024.

This document is a working document by the Commission services to give guidance to national authorities, EU operators and citizens for the implementation and the interpretation of Council Regulation (EU) No 833/2014, Council Regulation (EU) No269/2014, Council Regulation (EU) No692/2014 and Council Regulation (EU) 2022/263. By analogy, the FAQs therein also apply to Council Regulation (EC) No 765/2006. Only the Court of Justice of the EU is competent to interpret EU law. National authorities and economic operators may make use of this guidance based on the text, context and purpose of the aforementioned regulations, to achieve the uniform application of sanctions across the EU.

 

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